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AsiaInfo Technologies (HKSE:01675) Days Payable : 52.80 (As of Dec. 2023)


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What is AsiaInfo Technologies Days Payable?

AsiaInfo Technologies's average Accounts Payable for the six months ended in Dec. 2023 was HK$879 Mil. AsiaInfo Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,038 Mil. Hence, AsiaInfo Technologies's Days Payable for the six months ended in Dec. 2023 was 52.80.

The historical rank and industry rank for AsiaInfo Technologies's Days Payable or its related term are showing as below:

HKSE:01675' s Days Payable Range Over the Past 10 Years
Min: 20.11   Med: 54.57   Max: 82.4
Current: 53

During the past 9 years, AsiaInfo Technologies's highest Days Payable was 82.40. The lowest was 20.11. And the median was 54.57.

HKSE:01675's Days Payable is ranked better than
51.21% of 2531 companies
in the Software industry
Industry Median: 50.36 vs HKSE:01675: 53.00

AsiaInfo Technologies's Days Payable increased from Dec. 2022 (41.25) to Dec. 2023 (52.80). It may suggest that AsiaInfo Technologies delayed paying its suppliers.


AsiaInfo Technologies Days Payable Historical Data

The historical data trend for AsiaInfo Technologies's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AsiaInfo Technologies Days Payable Chart

AsiaInfo Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 36.65 23.84 20.11 33.39 56.72

AsiaInfo Technologies Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.67 45.32 41.25 48.99 52.80

Competitive Comparison of AsiaInfo Technologies's Days Payable

For the Software - Application subindustry, AsiaInfo Technologies's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AsiaInfo Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, AsiaInfo Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where AsiaInfo Technologies's Days Payable falls into.



AsiaInfo Technologies Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

AsiaInfo Technologies's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (584.143 + 1086.798) / 2 ) / 5376.344*365
=835.4705 / 5376.344*365
=56.72

AsiaInfo Technologies's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (671.195 + 1086.798) / 2 ) / 3037.968*365 / 2
=878.9965 / 3037.968*365 / 2
=52.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AsiaInfo Technologies Days Payable Related Terms

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AsiaInfo Technologies (HKSE:01675) Business Description

Traded in Other Exchanges
Address
Northwest Wang East Road, No.10 East, Yaxin Building, East District, Zhongguancun Software Park Phase II, Hai Dian District, Beijing, CHN, 100193
AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. It operates in two segments: Software business segment that comprises software products and related services; data-driven operation services; and others, including sale of third-party hardware and software, system integration services, business consulting services and corporate trainings. The Network security business segment engages in the provision of network security-related software products and services.

AsiaInfo Technologies (HKSE:01675) Headlines

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